Apartments Flats In East Pune Luxurious Homes At Affordable Prices

Buy sell Property & Real Estate Investment Guide

Buying Property Tips#1: Choose the Right Location
Before you choose a location, it is of utmost importance that you consider the development prospect of the area. Other factors to consider here is crime record of the area, availability and nearness of public facilities and utilities.
Buying Property Tips#2: Study the Local Market Dynamics
It is important to get well familiar with the local realty market. Learn the variation in property prices by street. Don’t shy away from asking a few realty investment agents questions to get better insight on the matter.

East Pune has emerged as the new realty hotspots. The eastern corridor of Pune was once confined to Camp and Koregaon Park, has now expanded to include the regions of Kalyani Nagar, Kharadi, Viman Nagar, Wagholi, Keshav Nagar, Dhanori and Lohegaon. Towering infrastructure housing luxurious flats and well-structures Township along with the presence of gated community are emerging trends that are enticing property investors and home owners. These flats and apartments are built in prime locations in close proximity to railway station, schools, colleges, prime hospitals, giant shopping malls, and IT parks. Various factors are contributing to the soaring demands for the plush apartments and luxury townships. With the IT boom and a large chunk of migrant population employed in IT and ITeS, proximity to cyber parks offer alluring employment opportunities. Presence of Magarpatta Cyber City, International Tech Park Pune, and EON IT parks and many more stunning IT parks in Viman Nagar & Kalyani Nagar. The resident of east Pune can enjoy plethora of opportunities to choose from, along with maintaining work-life balance.

Buying Property Tips#3: Choose the Right Property
Getting the right property right away is quite unlikely. First, you need to be clear on why you want to buy an investment property. After that, you will be able to make right decision based on factors like remoteness or accessibility of the property.
Buying Property Tips#4: Do the Math Properly
Get a precise idea on the value of assets you have available. If you are investing in rental property, make sure you can easily cover the mortgage payment through rents. Additionally, get a clear idea on the appraisal value of the property beforehand.
Buying Property Tips#5: Consider Additional Expenses
When purchasing an investment property, it is not only the selling price that investors need to consider. There are various additional expenses such as property tax, home owner’s insurance, repair & maintenance that must be considered.

Not only this, the residential owners in east Pune have a wide range of residential options ranging from affordable flats having basic amenities to luxury flats having private garden and terraces. Equipped with basic amenities such as gyms, club houses, rain water harvesting, 24 by 7 power supply, the flats with the gated communities are available at affordable prices. More advanced features include internet Wi-Fi connectivity, private gardens, centrally air-conditioned and designer entrance lobby. The residential flats in the eastern suburb have a cozy natural environment multicultural environments where all occasions are celebrated with fervor and enthusiasm involving every member of the society weaving them into an expanded family. While most of the societies having houses at affordable prices have 1 & 2 BHK flats, highly priced ones have 3-3.5 BHK flats.

Some of the existing residential projects in east Pune include Marvel Enigma (Marvel Realtors Nyati Empire ( Nyati Groups), Gulmohar Helios (Gulmohar Developments) and Gulmohar Privilege both in Kharadi, Umang Premiere (Wagholi) developed by Kolte Patil Developers, Magarpatta City Cosmos in Magarpatta, and Nyatis Meadows in Wadgaon Sheri among many others. These all offer state-of-the art residential which endow the real essence of life in peace and serenity. The apartments and flat in Dhanori, Viman Nagar and Wagholi enjoy proximity to airport.

Some of the projects which are in developing phase are Vascon Citron, Wagholi, Parks Springs, and Eastern Meadows by Guardian Developers offer apartments for sale. Starting at the modest price of 27 lacs to priced more than 1 Cr, the residential owners have a range of options.

Buying Property Tips#6: Inspect the Property
To ensure that you are getting everything you are paying for, a thorough inspection of the property is essential. Besides ensuring that you are not overpaying, a rigorous property inspection also gives you a good estimation on what the additional expenses might be.
Buying Property Tips#7: Pick the Right Financing Option
While interests on investment property loans are tax free, some borrowing costs aren’t immediately tax deductible. Knowing that, and structuring your financing in accordance is crucial. Don’t hesitate to ask for help from a financial advisor.
Buying Property Tips#8: Invest through Equity
One of the best ways to purchase an investment property is to leverage the equity of another property (including your primary home). This is a preferable way among regular investors, especially due to added tax deduction advantages.
Updated: March 3, 2018 — 1:07 am
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